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The Bills of Exchange is a collateral first program. We do not have the funds confirmed in advance of the issuance of the BOE. We will ask for something in writing from client’s bank attesting that they will avail the bill of exchange for the client. This is very important and integral point on the BOE program.
The bill of exchange program is a mechanism of getting financing for an importation of certain goods.
We will need:
Please note that registration fee is refundable after successful conclusion of the discounting.
In the event registration fee is paid and client does not continue to do their part in the transaction, or if they do not get their bank to avail the Bill of Exchange, the registration deposit is then considered earned and not refundable.